The nature of the tax system means that there is usually a trade-off between equity and efficiency.
A tax system is the mechanism or set of procedures used to collect taxes from citizens or firms. It entails the process by which individuals and businesses pay taxes to the government, which in turn utilizes the funds to finance public spending or reduce the country's debt.
Taxation, like all other forms of government policy, entails trade-offs. This refers to the fact that when a government chooses to pursue a particular policy, it inevitably incurs certain costs. As a result, when it comes to tax systems, trade-offs between fairness and productivity arise. These trade-offs are as follows: Equity and efficiency: The fundamental trade-off in tax systems is between equity and efficiency. Equity refers to how fair and just a tax system is in terms of who pays the taxes. Efficiency refers to how efficient a tax system is in terms of reducing market distortions and promoting economic growth.
Simplicity and precision: Tax systems may be designed to be simple to understand and implement, or they may be designed to be precise and comprehensive. However, a trade-off exists between the two because greater precision necessitates more complexity, making it more difficult for taxpayers to comprehend, comply with, and enforce.
Taxpayer compliance and tax evasion: A trade-off exists between encouraging taxpayer compliance with tax laws and reducing tax evasion. High tax rates may encourage people to evade taxes, whereas lower tax rates may make it more difficult for the government to raise revenue to finance public expenditures.
Conclusion: Therefore, the nature of the tax system means that there is usually a trade-off between equity and efficiency.
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Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
which statement best describes how the Fed responds to recessions?
It sells more securities.
It charges banks more interest.
It increases reserve requirements.
It increases the money supply.
The federal government responds to recession by increasing the money supply in a country.
What is Recession?Recession is term used to describe a general economic contraction which is identified by a fall in the gross domestic product of a country.
Before a country is said to be in recession, the GDP of that country must have fallen in two successive quarters.
The feds respond to recession by increasing the money supply in order to stimulate the local economy.
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Answer: D - It increases the money supply.
Explanation: Edge 2022
on a day-to-day basis which of the following is a concern of human resources managers
deciding which products to market
funding increased salaries
assessing the financial transaction
managing layoffs
On a day- to- day base, human resources managers are generally concerned with tasks similar as managing hand relation so all the options are correct.
Retaining and onboarding new workers, creating and administering plant programs, addressing hand grievances and complaints, and furnishing support to directors. mortal coffers directors also handle payroll, benefits administration, and performance operation. They may also be responsible for overseeing hand training programs, assessing and perfecting the association's overall performance, and developing strategies to ameliorate hand morale. mortal coffers directors generally don't decide which products to request, fund increased hires, or assess fiscal deals. rather, these tasks are generally handled by marketing, finance, and account brigades. Managing layoffs, still, is a task that mortal coffers directors may be responsible for, as this involves furnishing support to laid off workers and icing that the process is handled in a fair and legal manner.
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Gina is about to use a fire extinguisher on a small fire.
What factor determines the type of extinguisher she
should use?
QUESTION 6 of 10: What markup percentage does New York magazine state that Macy's at Herald Square in New York City uses to mark up
accessories?
a) 72%
b) 127%
c) 185%
Od) 233%
In conclusion correct option for this question is (d) 233%
Why it is?
The markup percentage mentioned by New York magazine for accessories at Macy's in Herald Square is 185%. This means that the price of the accessory is marked up by 185% of its cost.
This markup percentage is considered high and may reflect the expenses that the store incurs, such as rent, salaries, and other operating costs. It is also likely that the markup is influenced by the store's brand recognition and the demand for its products.
However, a high markup may also deter price-sensitive customers, making it important for businesses to strike a balance between profitability and affordability.
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An agency relationship exists when one party delegates decision-making responsibility to a second party for compensation.
True or False
This is true that An employer relationship exists when one celebration delegates decision-making accountability to a second party for compensation.
Board of administrators is a group of elected humans whose predominant duty is to act in the owners' satisfactory pursuits by formally monitoring and controlling the firm's pinnacle stage managers.
Why is there an corporation relationship between managers and shareholders?It is due to the fact the shareholder invests in an executive's business, in which the govt is accountable for making choices that affect the shareholder's investment. If the corporation government acts negatively and reduces the well worth of the shareholder's stock, it will spark a disadvantageous relationship.
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https://brainly.com/question/26253714#SPJ4for a conviction of a dui you could pay a fine of not less than $500 or more than $2,000. a) first b) second
The fine for a conviction of DUI is not less than $500 or more than $2,000, and it can be affected by whether or not it is a first-time or second-time conviction. The correct answer is a.
This act is unlawful and may lead to fines, suspension of a driver's license, or imprisonment.The following points outline the differences in fines between first and second convictions:First ConvictionIn the case of a first-time DUI conviction, the guilty party may be required to pay a fine of not less than $500 and no more than $2,000. In addition to the fine, the driver's license may be suspended for 90 to 365 days.
Community service may also be a requirement, with the offender needing to serve no less than 48 hours and no more than 100 hours. The driver may be required to complete a drug or alcohol education or treatment program.Second ConvictionIn the case of a second-time DUI conviction, the guilty party may be required to pay a fine of not less than $500 and no more than $4,000.
The driver's license may be suspended for 180 days to 2 years. The driver may be required to serve a sentence of up to one year in jail, and they will need to complete 80 to 200 hours of community service. Finally, the driver will be required to complete a drug or alcohol education or treatment program to regain their driving privileges. The correct answer is not mentioned.
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Rich country A enters into a free trade agreement with poor country B. Poor country B improves its productivity. Rich country A pays lower prices for good imported from poor country B. However, Samuelson expresses concern that these lower prices may not offset possible ______ in rich country A
Rich country A enters into a free trade agreement with poor country B. Poor country B improves its productivity. Rich country A pays lower prices for good imported from poor country B. However, Samuelson expresses concern that these lower prices may not offset possible job loss.
What is free trade?Free trade is a practice that involves removing trade barriers and allowing countries to trade goods and services with each other without any restrictions. When two or more countries enter into a free trade agreement, it means that they can import and export goods and services without any barriers such as tariffs or quotas. This leads to increased competition, lower prices, and higher economic growth.
The Pros of free trade include Lower prices for goods and services. Increases competition. Improved economic growth. The cons of free trade include Increased competition can lead to job loss. Poor countries may not be able to compete with rich countries. Industries may relocate to other countries with lower labor costs.
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How does one's worldview affect one's daily decisions, and the impact one has on the environment?
One's worldview can greatly affect one's daily decisions and the impact one has on the environment.
A worldview is a set of beliefs and values that influence how an individual perceives the world and their place in it. This worldview can shape an individual's choices and behaviors, including how they interact with the natural environment.
For example, if an individual holds a worldview that values environmental conservation and sustainability, they may make daily decisions that reflect these values. This could include choosing to use reusable bags instead of plastic ones, recycling and composting waste, conserving water and energy, and supporting environmentally-friendly products and companies.
On the other hand, if an individual holds a worldview that prioritizes personal convenience and economic gain over environmental concerns, they may make decisions that have a negative impact on the environment. This could include using disposable products, wasting resources, and supporting companies that engage in environmentally-damaging practices.
In conclusion, one's worldview can have a significant impact on one's daily decisions and the impact one has on the environment. It is important to consider the values and beliefs that shape our worldview and how they influence our actions and behaviors.
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What do you think are the advantages of service business to the community
Answer:
Furthermore, service-based businesses are at an advantage because they can grow into other service offerings. Another critical advantage of service businesses is that they are less susceptible to economic downturns, which can be very common for retail and manufacturing companies.Service industries are an important part of society for a variety of reasons, including: Delivering essential services to the public: Often, service industries provide essential services to the public, such as healthcare, transportation and education.
Explain the role of public relations in developing and maintaining a corporate image.
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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is he drinking coke or pepsi ?
if the marginal revenue for the next unit of output produced is $50, but the marginal cost is $45, the profit-maximizing firm should
The company that wants to maximize its profits should produce less. Therefore, the price is $50.
$50 is the margin revenue.
Cost at risk equals $45
It was discovered from the provided facts that marginal revenue is not equal to marginal cost. When marginal revenue and marginal cost are equal,
However, in this case, marginal cost exceeds marginal revenue. To lower the marginal cost, the monopoly firm should create less production.
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There are a couple of questions in this:
1) Which of the following statements is true?
a. Elasticity is identical to the slope of the demand curve.
b. A single, straight-line demand curve can be elastic in one region and inelastic in another.
c. Perfectly inelastic demand can be represented by a horizontal line.
d. When demand is unit elastic, revenue is strongly affected by price changes.
e. You can always determine the relative elasticity of demand for two products by
comparing the slope of their demand curves.
2) In the market for green beans, as price rises from $2 to $3 per pound of green beans, producer revenues increase from $50,000 to $80,000. What can we say about the price
elasticity of demand for green beans?
a) Demand is price inelastic
b) Demand is price elastic
c) Demand is unit elastic
d) Green beans are an inferior good
e) Green beans are a normal good
3) Five students are willing to pay $5 for an ice cream cone and the price for an ice cream cone at Baskin Robbins is $3. What is the total consumer surplus among the five students?
a) $2
b) $10
c) $15
d) $20
Perfectly inelastic demand can be represented by a horizontal line. is a correct statement. Option (c) is correct.
We can say that Demand is price inelastic. Option (a) is correct.
The total consumer surplus among the five students is $15. Option (c) is correct.
What is Revenue?Revenue is the entire amount of money made through the sale of products and services that are essential to the business's core operations. Sales or turnover are other terms used to describe commercial revenue. Some businesses make money from royalties, interest, or other fees.
Demand is the amount of a good that buyers are ready and willing to buy at different prices at a particular time. The demand curve is another name for the relationship between price and quantity demand.
Therefore, option (c) (a) and (c) are correct. that is Perfectly inelastic demand can be represented by a horizontal line, We can say that Demand is price inelastic, The total consumer surplus among the five students is $15 respectively.
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You work in the editorial department of the National Park Service (NPS). Based on the document shown, which new NPS document must be written in plain language?
Based on the document shown, the new NPS document that must be written in plain language is the accessibility guidelines.
The document provided discusses the need for plain language in NPS publications and states that all new and revised NPS documents must follow plain language guidelines. However, it specifically mentions that the accessibility guidelines need to be written in plain language to ensure that all visitors can easily understand and access park resources.
Identify the document mentioned in the question.
1. Carefully review the documents provided by the National Park Service (NPS).
2. Look for any indication or directive stating that a particular document needs to be written in plain language.
3. Once you have identified the document, make a note of its title and any relevant information.
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what is a milestone?
A milestone is a significant event or achievement in a particular development, project, or field that marks a notable progress or change. It serves as a benchmark, indicating that certain objectives have been met and that the next stages of progress can commence.
For example, in the field of technology, reaching a certain level of computing power can be considered a milestone, or in history, a country gaining independence can be considered a milestone in its political development.
In personal development, reaching a certain age or completing a specific education can also be considered milestones. Achieving a personal goal, such as running a marathon, can also be considered a milestone in one's physical and mental progress.
It is important to recognize milestones because they give us a sense of accomplishment and help us reflect on our progress. They can also provide us with motivation and inspiration to continue working towards our future goals.
Milestones can be small or large, and can happen at any stage of life or development. Regardless of their size, milestones are important markers of growth and should be celebrated and acknowledged.
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Why are 8th-grade girls in Fremont so foul? bet no one knows.
Answer:they moody teens who think everything is about them and so rude
Explanation:
Answer:
abcdefghhijklmnopqrstuvwxyz
PLEASE GIVE BRAINLIEST PLESAE I NEED PLESAEEEEEEEEEEEEEEEE
Fujitsu Siemens Computers is a legally independent company of which Fujitsu and Siemens each own 50 percent. This collaboration is an example of a(n) __________, which is effective at transferring __________.
A. joint venture; explicit knowledge
B. joint venture; tacit knowledge
C. equity strategic alliance; tacit knowledge
D. nonequity strategic alliance; explicit knowledge
Answer:
B. joint venture; tacit knowledge
Explanation:
A joint venture (JV) is a business arrangement where two or more persons are agreed to pool their resoruces in order to attain a particular task. It can be the new project or any kind of business activity
So as per the given situation since both owns 50% perceny that means they are engaged in the joint venture also in this, the tacit knowledge are considered to be effective
So the option b is correct
What are two reasons a marketer might use responsive display ads?
a. Insight: Provides more robust industry data than other ad formats.
b. Improved communication: Respond immediately to any website visitor query with an automated speech system or text.
c. Guidance: Gives instruction to users on how to adjust ad size, appearance, and format to fit a specific ad slot.
d. Extended reach: Create ads that serve in most ad slot sizes, into both native and non-native inventory. e. Cost-effective: Get more conversions at a similar cost-per-acquisition.
Two reasons a marketer might use responsive display ads are extended reach and cost-effectiveness. The Correct Answer is D and E.
Responsive display ads automatically adjust their size, appearance, and format to fit various ad slots on different devices and platforms. This allows marketers to reach a wider audience and improve ad performance without the need for multiple ad designs. Additionally, responsive display ads tend to have a lower cost-per-acquisition (CPA) compared to other ad formats, making them a cost-effective option for marketers looking to maximize their advertising budget. Overall, responsive display ads offer marketers a flexible and efficient way to reach their target audience across various channels and devices. The Correct Answer is D and E.
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When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the ________ guideline for effective communication
When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the C. Logic guideline for effective communication.
A Stakeholder may be a wide variety of people impacted or invested in the task. As an example, a stakeholder can be the owner or even the shareholder. However, stakeholders can also be employees, bondholders, customers, providers, and companies. A shareholder can be a stakeholder.
The easy way to remember these 4 categories of stakeholders is by using the acronym UPIG: customers, providers, influencers, governance.
Stakeholders encompass all individuals or companies who have a vested interest in the performance of the business. It is vital that firms build healthful and balanced relationships with their stakeholders, as their stage of authenticity is determined by how properly they meet their stakeholders' needs.
Your question is incomplete. Please read below for the missing content.
When a practitioner is ensuring that the message he is sending to stakeholders is easy to follow, he is observing the ________ guideline for effective communication.
a. tact
b. specificity
c. logic
d. relevance
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Your broker charges a commission of 5.1% of the cost of the stock you so if you sell a batch of stock worth 2,617,75 how much commission will you owe the broker
Answer:
a
Explanation:
$133.51 commission will you owe the broker, if you sell a batch of stock worth 2,617,75.
Thus, the correct option is A.
Who is a broker?
A broker is a free-standing individual or business that conducts financial transactions on behalf of others. Stocks, foreign exchange, real estate, and insurance are just a few of the asset groups that are impacted by these transactions.
The trading broker only acts on behalf of others, whereas the trader only deals with his or her own assets ("on his or her own account"). The broker acts on your behalf by using your assets, not his.
A broker deals in currencies, commodities, and financial instruments. The broker always acts on behalf of others, which is how they differ from traders. Worldwide, there is a huge variety of brokers, each with a different style, level of quality, and regulatory setup.
The spread, fee, or financing costs associated with a trading position generate revenue. The other CFD broker, in contrast, solely benefits financially from the trader's loss. Any gain achieved by the trader is a loss for the broker, which is why positions are manipulated or withdrawals are not executed.
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a. How many more people were working in agri-
cultural jobs in the traditional economy than in
the market economy?
In the traditional economy there were hundreds more people working than in the market economy
The market economy is an economic term characterized by:
A system of economic relations based on sale and exchangeThe state does not play a decisive role and in which decisions are made by each economic entity independentlyA market economy is characterized by private propertyOn the other hand, the traditional economy is characterized by:
They are based on traditional economic activities such as agriculture and harvestingFocuses on survivalHas a reduced economic surplusAccording to the above, in a traditional economic system, more people are working in agriculture than in the market economy because the market economy is based on industrial production and exchange.
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i need help with Question B5 (a) short essay. im completely lost please help me :(
What research topic can you recommend for ABM students? pls answer properly.
Answer:
marketing strategies
Explanation:
yeah
when using the npv method for a particular investment decision, if the present value of all cash inflows is greater than the present value of all cash outflows, then:
When using the Net Present Value (NPV) method for a particular investment decision, if the present value of all cash inflows is greater than the present value of all cash outflows, then the investment is considered to be a positive NPV investment.
A positive NPV indicates that the investment is expected to generate a return greater than the required rate of return, which is the minimum acceptable return necessary for an investor to consider the investment. In other words, the project is expected to create value for the investor, and it is considered a profitable investment opportunity.
Investment decisions based on the NPV method take into account the time value of money, which means that the value of money changes over time due to factors like inflation and interest rates. By calculating the present value of cash inflows and outflows, the NPV method helps investors assess the potential profitability of a project in today's terms.
In conclusion, when the present value of all cash inflows is greater than the present value of all cash outflows in the NPV method, it signals a favorable investment decision. A positive NPV implies that the project is likely to generate returns higher than the investor's required rate of return and create value, making it an attractive investment opportunity.
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Please help will mark brainliest!
The total factory overhead for Big Light Company is budgeted for the year at $807,500. Big Light manufactures two different products - night lights and desk lamps. Night lights is budgeted for 60,000 units. Each night light requires 1/2 hour of direct labor. Desk lamps is budgeted for 80,000 units. Each desk lamp requires 2 hours of direct labor. Determine the total number of budgeted direct labor hours for year.
Answer:
Explanation:
Budgeted direct labor hour is defined as the average time it will take to complete a budgeted production . This is calculated by multiplying the budgeted production by the labor hour per unit of production.
Workings
Total overhead budget = 807,500
Night light budgeted production = 60,000
Desk lamp budgeted production= 80,000
Night lamp production = 1/2 hour / unit
Desk lamp production = 2 hour / unit
Night light budgeted hour = 60000*1/5 = 30,000 hours
Desk lamp budgeted hour = 80,000 * 2 = 160,000 hours
Total number of budgeted direct labor hours = 190,000 hours
which term describes what happens when audience members weigh the level of award they expect from a given medium against how much effort it takes to consume it
The choice element describes what occurs when members of the audience weigh this same level of satisfaction they expect from the a particular medium against the amount of work to consume it.
What exactly do users mean by "audience"?
A group of hearers or observers. The concert drew a sizable crowd. The film is aimed at a young audience: a collective of ardent supporters or devotees.
Who is your hypothetical audience?
Your target market could be a deck market or a niche market. For example, if users sell shoes, you could target a broader market because everyone wears shoes regardless of their age, gender, or interests.
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The rate of interest on money held in a savings account, _______ the amount of money saved.
a.
decreases
c.
has no effect
b.
increases
d.
none of the above
Please select the best answer from the choices provided
A
B
C
D